ALY 0.00% 0.7¢ alchemy resources limited

any theories around sp move today?, page-2

  1. 1,731 Posts.
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    Good morning ALL

    Pfuzzy,

    If you research the ground they own and are exploring you will notice they are sandwiched between a number of exciting discoveries of some other explorers.
    Three years + ago this company went from .01 to a dollar after some very exciting hits but like so many did not go on with it.
    The new very experienced management have taken over and have been slowly working through the results of previous drilling and are now about to find out how good the resource is.

    A drill hole a few months ago came up zero which is a concern and brought all things to a sudden halt. Like myself shocked them. The SP had rallied from .12 - .19 in anticipation and has since sunk to .07. This little rally on small T/O is only speculative and a few punters like my self topping up.
    Watch for T/O increase as that will indicate how good the results are. This company runs when the bungs are out of the boat.
 
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